AI Terminal
D'Ieteren Group
Transaction in Own Shares • Mar 20, 2024
3937_dirs_2024-03-20_3b9b7810-7394-4169-9ad5-a571b12e9e40.pdf
Transaction in Own Shares
Open in ViewerOpens in native device viewer
PRESS RELEASE: REPURCHASE AND DISPOSAL OF OWN SHARES
REGULATED INFORMATION
Wednesday 20 March 2024 – 5:45pm CET
Repurchase and disposal of own shares
In accordance with articles 8:4 and 8:6 of the Royal Decree of 29 April 2019 implementing the Code on Companies and Associations, D'Ieteren Group announces today the purchase and disposal of treasury shares on the regulated market of Euronext Brussels and / or an MTF between 13 and 19 March 2024.
The extraordinary shareholders' meeting of D'Ieteren Group renewed on 25 May 2023 the powers of the Board of Directors to acquire and dispose of own shares for a period of 5 years.
The total number of own shares held by D'Ieteren Group reached 709,073 (1.3%) on 19 March 2024. The total number of ordinary shares equals 53,708,999.
Detailed operations per day
Liquidity contract
In the framework of the liquidity contract (see press release dated 3 September 2021), D'Ieteren Group announces today that it has bought 1,800 shares on Euronext Brussels during the period between 13 and 19 March 2024. During the same period, D'Ieteren Group has sold 1,800 shares on Euronext Brussels.
| Purchases | ||||||
|---|---|---|---|---|---|---|
| Date | Number of shares bought |
Average price (€) |
Minimum price (€) |
Maximum price (€) |
Total price (€) |
|
| 13 March 2024 | 200 | 195.40 | 195.20 | 195.60 | 39,080 | |
| 14 March 2024 | 800 | 194.70 | 193.60 | 195.20 | 155,760 | |
| 15 March 2024 | 100 | 196.60 | 196.60 | 196.60 | 19,660 | |
| 19 March 2024 | 700 | 196.04 | 194.80 | 197.10 | 137,228 | |
| Total | 1,800 | 195.40 | 351,728 |
| Disposals | ||||||
|---|---|---|---|---|---|---|
| Date | Number of shares sold |
Average price (€) |
Minimum price (€) |
Maximum price (€) |
Total price (€) |
|
| 13 March 2024 | 200 | 197.40 | 197.20 | 197.60 | 39,480 | |
| 14 March 2024 | 300 | 196.40 | 196.00 | 196.80 | 58,920 | |
| 15 March 2024 | 500 | 198.00 | 197.20 | 198.80 | 99,000 | |
| 18 March 2024 | 500 | 198.40 | 197.60 | 199.20 | 99,200 | |
| 19 March 2024 | 300 | 198.40 | 198.00 | 198.80 | 59,520 | |
| Total | 1,800 | 197.84 | 356,120 |
End of press release
PRESS RELEASE: REPURCHASE AND DISPOSAL OF OWN SHARES
REGULATED INFORMATION
Wednesday 20 March 2024 – 5:45pm CET
D'Ieteren Group profile
In existence since 1805, and across family generations, D'Ieteren Group (the Group) is an investment company seeking growth and value creation by building a family of businesses that reinvent their industries and search for excellence and meaningful impact. It currently owns the following businesses:
- Belron (50.30% in fully diluted economic rights at 31 December 2023, equity-accounted investee): worldwide leader in vehicle glass repair, replacement and recalibration.
- D'Ieteren Automotive (100% owned): distributor of Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Cupra, Rimac, Microlino, Maserati and Porsche vehicles in Belgium and expanding into other mobility services.
- PHE (100% in economic rights see note 2) is a leader in the independent distribution of spare parts for vehicles in Western Europe, present in France, Belgium, The Netherlands, Luxemburg, Italy and Spain.
- TVH (40% owned equity accounted-investee): leading global independent distributor for aftermarket parts for material handling, construction & industrial, and agricultural equipment.
- Moleskine (100% owned): develops and sells iconic branded notebooks and writing, travel and reading accessories through a global multichannel platform.
Next events
• D'Ieteren Immo (100% owned): groups together the Belgian real estate interests of D'Ieteren Group.
Financial Calendar
Last five press releases
(with the exception of press releases related to the repurchase or sale of own shares)
| 5 March 2024 | 2023 Full-Year Results | 30 May 2024 | General Assembly |
|---|---|---|---|
| 23 January 2024 | PHE refinances its existing bonds | 10 September 2024 | Half-Year 2024 results |
| 20 December 2023 | Publication of a transparency notification | ||
| 15 December 2023 | Belron repricing, dividend and rating | ||
| 1 December 2023 | D'Ieteren Group starts its share buyback programme |
Contacts
Francis Deprez, Chief Executive Officer Edouard Janssen, Chief Financial Officer
Stéphanie Voisin, Investor Relations - Tel: + 32 (0)2 536.54.39 E-mail: [email protected] – Website: www.dieterengroup.com